Anyone scalping the FTSE Futures??

[SuddenDeath]

massive move in US10yr, money leaving safety.

 

[SuddenDeath]

Gold and Fiat Money System warning signs

very good article by Professor Antal Fekete.

American Bases in Germany and the Gold Basis

The relentless contraction of the gold basis means that gold available for future delivery is fast disappearing. Gold is constantly moving into strong hands that hold on to it and will not relinquish it even in the face of steeply rising prices. Eventually the gold supply dries up and sporadic backwardation gives way to permanent backwardation. Gold mines refuse to take paper money for their product. If you want to have gold, you will have to have recourse to barter.

American Bases in Germany and the Gold Basis | Antal Fekete | FINANCIAL SENSE

 

[SuddenDeath]

XLE (77.86) energy etf 5 year or 1 year chart looks very very bullish.

 

[samspade79]

IG clients 78% short FTSE. So that's another high coming then.

 

[zorbas]

Morning All

Nikei up almost 4%

Dow approaching all time highs.
Nice article giving a technical overview :
Dow back for another crack at the 14,000 mark - The Technical Indicator - MarketWatch

 

[TrendLines]

Deja vu, 6300 again. Did a little short at 6301, will wait a little longer to add to my position. Markets a bit more volatile again, going up and down lately.

 

[Talbs!]

Dow 3rd time lucky today to get a real push above 14k ? If ig boys are short again u know its gonna have another pop

 

[SuddenDeath]

good morning everyone

 

[Malcyd]

Dow 3rd time lucky today to get a real push above 14k ? If ig boys are short again u know its gonna have another pop

83% short on IG......

 

[samspade79]

83% short on IG......

It's total nonsense. Their own figures show 50% of FTSE trades over past month were longs. That means loads of poeple are short from before Christmas. I'm not sure how bottomless the pits are that they would hold FTSE short for the 10,000 pts its popped since dec.

 

[Malcyd]

It's total nonsense. Their own figures show 50% of FTSE trades over past month were longs. That means loads of poeple are short from before Christmas. I'm not sure how bottomless the pits are that they would hold FTSE short for the 10,000 pts its popped since dec.

Not denying it...

 

[samspade79]

Not denying it...

Sorry was just saying wasn't having a pop

 

[Malcyd]

the 83% referred to those short on the Dow...

 

[samspade79]

The resilience in the FTSE is quite outstanding. Yet again Europe off a cliff and FTSE green. You're better off shorting DAX at -50 than FTSE at +30.

Anyone any thoughts on why the FTSE is so strong?

 

[Malcyd]

The resilience in the FTSE is quite outstanding. Yet again Europe off a cliff and FTSE green. You're better off shorting DAX at -50 than FTSE at +30.

Anyone any thoughts on why the FTSE is so strong?

Beyond me !! Makes no sense.

 

[SuddenDeath]

SP500 futures tested 4 day highs and have now fallen back

 

[samspade79]

Would have thought an easy trade now was long dax short ftse equal amounts each.

 

[ads57]

Dow 3rd time lucky today to get a real push above 14k ? If ig boys are short again u know its gonna have another pop

IG sentiment for DAX is 53% long (over 500 clients have open positions). Maybe this explains why the Dax is selling off today ?

 

[samspade79]

IG sentiment for DAX is 53% long (over 500 clients have open positions). Maybe this explains why the Dax is selling off today ?

And 78% short on the FTSE. I'm not sure that accounts for 100pts difference though

 

[chimpmagnet]

Weaker Sterling again today?

Edit: though with Oil futures down I'd have expected FTSE to be falling more.